Gold Price Today: Gold prices opened lower today as weak international market sentiment influenced domestic bullion rates. Before buying jewellery, check the latest 24K, 22K, and 18K gold prices in major Indian cities.
Why Did Gold Prices Fall Today?
Planning to buy gold today? Then there is some good news. Gold prices have declined slightly in the domestic market after weakness in global bullion prices. As trading resumed on June 29 following a three-day break, both gold and silver witnessed mild losses on the Multi Commodity Exchange (MCX).
Although the decline remains limited, buyers looking to purchase jewellery or invest in bullion can benefit from checking today’s updated rates before making a decision. Meanwhile, experts believe that international market movements, the US dollar, and investor sentiment continue to influence precious metal prices.
What Is the Latest MCX Gold Price Today?
The futures price of 24-carat gold for the 05 August 2026 contract on MCX slipped by 0.29% during early trading.
| Gold Futures (MCX) | Price |
|---|---|
| Current Price | ₹1,43,741 per 10 grams |
| Previous Close | ₹1,44,355 per 10 grams |
| Today’s Change | ₹614 lower |
| Trading Time | 09:28 AM (June 29) |
The correction remains relatively small, which suggests that the overall trend in gold prices is still stable despite short-term volatility.
How Did Silver Perform Today?
Silver prices also traded lower during the morning session. However, the fall was smaller than that of gold.
| Silver Futures (MCX) | Price |
|---|---|
| Current Price | ₹2,23,390 per kg |
| Previous Close | ₹2,25,376 per kg |
| Today’s Change | ₹1,986 lower |
| Contract | 04 September 2026 |
Silver continues to remain volatile as industrial demand and global economic expectations fluctuate.
IBJA Gold Rate Update
According to the Indian Bullion and Jewellers Association (IBJA), the benchmark price of 24-carat gold stood at ₹1,39,873 per 10 grams at the close of the previous trading week.
Jewellery prices may vary because local taxes, making charges, transportation costs, and retailer margins differ from city to city.
Latest Gold Price Today in Major Indian Cities
| City | 24K Gold (10g) | 22K Gold (10g) | 18K Gold (10g) |
|---|---|---|---|
| Delhi | ₹1,44,100 | ₹1,32,100 | ₹1,08,110 |
| Mumbai | ₹1,43,950 | ₹1,31,950 | ₹1,07,960 |
| Kolkata | ₹1,43,950 | ₹1,31,950 | ₹1,07,960 |
| Chennai | ₹1,45,860 | ₹1,33,700 | ₹1,11,450 |
| Patna | ₹1,44,000 | ₹1,32,000 | ₹1,08,010 |
| Lucknow | ₹1,44,000 | ₹1,32,000 | ₹1,08,010 |
| Meerut | ₹1,44,100 | ₹1,32,100 | ₹1,08,010 |
| Ayodhya | ₹1,44,100 | ₹1,32,100 | ₹1,08,010 |
| Kanpur | ₹1,44,100 | ₹1,32,100 | ₹1,08,010 |
| Gurugram | ₹1,44,100 | ₹1,32,100 | ₹1,08,010 |
| Chandigarh | ₹1,44,100 | ₹1,32,100 | ₹1,08,010 |
| Ghaziabad | ₹1,44,100 | ₹1,32,100 | ₹1,08,010 |
| Noida | ₹1,44,100 | ₹1,32,100 | ₹1,08,010 |
| Jaipur | ₹1,44,100 | ₹1,32,100 | ₹1,08,010 |
Should You Buy Gold Now?
The recent decline is relatively small, yet it offers buyers a chance to purchase gold at slightly lower prices than the previous trading session. However, if you are investing for the long term, experts generally recommend focusing on your financial goals instead of reacting to daily price fluctuations.
Meanwhile, jewellery buyers should compare local rates, making charges, and purity certification before making a purchase. Choosing BIS Hallmarked jewellery can also provide additional confidence regarding quality.
Frequently Asked Questions
| Question | Answer |
|---|---|
| Why did gold prices fall today? | Gold declined due to weak international market sentiment and lower futures trading on MCX. |
| What is today’s MCX gold price? | 24-carat gold futures traded at ₹1,43,741 per 10 grams. |
| How much did gold become cheaper today? | Gold prices fell by approximately ₹614 compared with the previous trading session. |
| Which city has the highest gold price today? | Among the listed cities, Chennai recorded the highest 24K gold price at ₹1,45,860 per 10 grams. |
| Should I check local jewellery rates before buying? | Yes. Final jewellery prices vary because of making charges, GST, and local market conditions. |
The information provided in this article is for general informational purposes only. While we strive to keep the content accurate and up to date, readers should verify important details through the official website or the concerned authority before taking any action. This website is not affiliated with any government organization.